BENALEC - General Announcement
Announcement Type: General Announcement
Company Name: BENALEC HOLDINGS BERHAD
Stock Name: BENALEC
Date Announced: 07/01/2011
Announcement Detail:
Type: Announcement
Subject: BENALEC HOLDINGS BERHAD ("THE COMPANY") - COMPLETION OF THE DISPOSAL OF ENTIRE EQUITY SHARES IN CRYSTAL LAND DEVELOPMENT SDN BHD BY BENALEC SDN BHD, A WHOLLY OWNED SUBSIDIARY OF THE COMPANY, TO PUNCAK PASIR SDN BHD
Contents: The Board of Benalec Holdings Berhad wishes to announce that with reference to Page 3 - Note 1 of the Company's Prospectus dated 28 December 2010, Benalec Sdn Bhd ("BSB"), its wholly owned subsidary had completed the disposal of BSB's entire equity stake in Crystal Land Development Sdn Bhd to Puncak Pasir Sdn Bhd on 6 January 2011.
Company Name: BENALEC HOLDINGS BERHAD
Stock Name: BENALEC
Date Announced: 07/01/2011
Announcement Detail:
Type: Announcement
Subject: BENALEC HOLDINGS BERHAD ("THE COMPANY") - COMPLETION OF THE DISPOSAL OF ENTIRE EQUITY SHARES IN CRYSTAL LAND DEVELOPMENT SDN BHD BY BENALEC SDN BHD, A WHOLLY OWNED SUBSIDIARY OF THE COMPANY, TO PUNCAK PASIR SDN BHD
Contents: The Board of Benalec Holdings Berhad wishes to announce that with reference to Page 3 - Note 1 of the Company's Prospectus dated 28 December 2010, Benalec Sdn Bhd ("BSB"), its wholly owned subsidary had completed the disposal of BSB's entire equity stake in Crystal Land Development Sdn Bhd to Puncak Pasir Sdn Bhd on 6 January 2011.
AMEDIA - Quarterly rpt on consolidated results for the financial period ended 30/9/2010
Announcement Type: Financial Results
Submitting Merchant Bank: Nil
Company Name: ASIA MEDIA GROUP BERHAD (ACE Market)
Stock Name: AMEDIA
Date Announced: 07/01/2011
Announcement Detail:
Admission Sponsor: PM Securities Sdn Bhd
Sponsor: Same as above
Financial Year End: 31/12/2010
Quarter: 3
Quarterly report for the financial period ended: 30/09/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Submitting Merchant Bank: Nil
Company Name: ASIA MEDIA GROUP BERHAD (ACE Market)
Stock Name: AMEDIA
Date Announced: 07/01/2011
Announcement Detail:
Admission Sponsor: PM Securities Sdn Bhd
Sponsor: Same as above
Financial Year End: 31/12/2010
Quarter: 3
Quarterly report for the financial period ended: 30/09/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
KOTRA - General Announcement
Announcement Type: General Announcement
Company Name: KOTRA INDUSTRIES BERHAD
Stock Name: KOTRA
Date Announced: 07/01/2011
Announcement Detail:
Type: Announcement
Subject: KOTRA INDUSTRIES BERHAD ("KOTRA" or the "Company")
KOTRA PHARMA (M) SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF KOTRA INDUSTRIES BERHAD ENTERED INTO SETTLEMENT AGREEMENT WITH TAKASO RUBBER PRODUCTS SDN BHD, THE WHOLLY-OWNED SUBSIDIARY OF TAKASO RESOURCES BERHAD
Contents: Further to the Company's announcements dated 3 May 2010, 1 June 2010 and 7 September 2010 in relation to the above subject, the Board of Directors of Kotra Industries Berhad ("KOTRA") wishes to announce that Kotra Pharma (M) Sdn. Bhd. ("KPM"), the wholly-owned subsidiary of KOTRA and Takaso Rubber Products Sdn. Bhd. ("TRPSB"), the wholly-owned subsidiary of Takaso Resources Berhad, have filed the notices of discontinuance in relation to the Malacca High Court Civil Suit No 22-53 Year 2010 with the Melaka High Court on 6 January 2011. TRPSB has discontinued their claim against KPM without costs and KPM has discontinued their counterclaim against TRPSB and Tee Tze Chern without costs. This shall constitute a full and final settlement of all claims and related matters between TRPSB and KPM and there shall be no further claims between the parties thereafter.
This announcement is dated 7 January 2011.
Company Name: KOTRA INDUSTRIES BERHAD
Stock Name: KOTRA
Date Announced: 07/01/2011
Announcement Detail:
Type: Announcement
Subject: KOTRA INDUSTRIES BERHAD ("KOTRA" or the "Company")
KOTRA PHARMA (M) SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF KOTRA INDUSTRIES BERHAD ENTERED INTO SETTLEMENT AGREEMENT WITH TAKASO RUBBER PRODUCTS SDN BHD, THE WHOLLY-OWNED SUBSIDIARY OF TAKASO RESOURCES BERHAD
Contents: Further to the Company's announcements dated 3 May 2010, 1 June 2010 and 7 September 2010 in relation to the above subject, the Board of Directors of Kotra Industries Berhad ("KOTRA") wishes to announce that Kotra Pharma (M) Sdn. Bhd. ("KPM"), the wholly-owned subsidiary of KOTRA and Takaso Rubber Products Sdn. Bhd. ("TRPSB"), the wholly-owned subsidiary of Takaso Resources Berhad, have filed the notices of discontinuance in relation to the Malacca High Court Civil Suit No 22-53 Year 2010 with the Melaka High Court on 6 January 2011. TRPSB has discontinued their claim against KPM without costs and KPM has discontinued their counterclaim against TRPSB and Tee Tze Chern without costs. This shall constitute a full and final settlement of all claims and related matters between TRPSB and KPM and there shall be no further claims between the parties thereafter.
This announcement is dated 7 January 2011.
ASIAEP - Quarterly rpt on consolidated results for the financial period ended 30/11/2010
Announcement Type: Financial Results
Company Name: ASIAEP BHD (ACE Market)
Stock Name: ASIAEP
Date Announced: 07/01/2011
Announcement Detail:
Financial Year End: 28/02/2011
Quarter: 3
Quarterly report for the financial period ended: 30/11/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Company Name: ASIAEP BHD (ACE Market)
Stock Name: ASIAEP
Date Announced: 07/01/2011
Announcement Detail:
Financial Year End: 28/02/2011
Quarter: 3
Quarterly report for the financial period ended: 30/11/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
SUNWAY - General Announcement
Announcement Type: General Announcement
Company Name: SUNWAY HOLDINGS BERHAD
Stock Name: SUNWAY
Date Announced: 07/01/2011
Announcement Detail:
Type: Announcement
Subject: SUNWAY HOLDINGS BERHAD ("SUNWAY")
- ACCEPTANCE OF CREDIT FACILITIES GRANTED BY ALLIANCE BANK MALAYSIA BERHAD TO ANALISA KEKAL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SUNWAY
Contents: Pursuant to Part C of Chapter 9, Paragraph 9.04 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Sunway wishes to announce that Analisa Kekal Sdn Bhd ("AKSB"), a wholly-owned subsidiary of Sunway has secured credit facilities amounting to RM53 million from Alliance Bank Malaysia Berhad, details as set out in Table 1 below.
AKSB has an authorised and paid-up share capital of RM100,000/- and RM2/- respectively. The principal activities of AKSB are property investment and housing development.
This announcement is dated 7 January 2011.
Company Name: SUNWAY HOLDINGS BERHAD
Stock Name: SUNWAY
Date Announced: 07/01/2011
Announcement Detail:
Type: Announcement
Subject: SUNWAY HOLDINGS BERHAD ("SUNWAY")
- ACCEPTANCE OF CREDIT FACILITIES GRANTED BY ALLIANCE BANK MALAYSIA BERHAD TO ANALISA KEKAL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SUNWAY
Contents: Pursuant to Part C of Chapter 9, Paragraph 9.04 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Sunway wishes to announce that Analisa Kekal Sdn Bhd ("AKSB"), a wholly-owned subsidiary of Sunway has secured credit facilities amounting to RM53 million from Alliance Bank Malaysia Berhad, details as set out in Table 1 below.
AKSB has an authorised and paid-up share capital of RM100,000/- and RM2/- respectively. The principal activities of AKSB are property investment and housing development.
This announcement is dated 7 January 2011.
MUTIARA - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: N/A
Company Name: MUTIARA GOODYEAR DEVELOPMENT BERHAD
Stock Name: MUTIARA
Date Announced: 07/01/2011
Announcement Detail:
Type: Announcement
Subject: Dealings in shares of Mutiara Goodyear Development Berhad ("Mutiara" or "the Company") by Director outside closed period
Contents: Pursuant to Paragraph 14.09 (a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that Mr Lim Beng Guan, a Director of Mutiara had informed the Company of the acquisition of ordinary shares in the Company, as follows:-
Direct Interest
1) Date of Dealing : 7 January 2011
2) Consideration of dealing : RM0.97 per share
3) Number of shares acquired : 5,700,000 ordinary shares of RM1.00 each
4) Percentage of issued and paid-up capital of Mutiara : 2.47%
Submitting Merchant Bank: N/A
Company Name: MUTIARA GOODYEAR DEVELOPMENT BERHAD
Stock Name: MUTIARA
Date Announced: 07/01/2011
Announcement Detail:
Type: Announcement
Subject: Dealings in shares of Mutiara Goodyear Development Berhad ("Mutiara" or "the Company") by Director outside closed period
Contents: Pursuant to Paragraph 14.09 (a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that Mr Lim Beng Guan, a Director of Mutiara had informed the Company of the acquisition of ordinary shares in the Company, as follows:-
Direct Interest
1) Date of Dealing : 7 January 2011
2) Consideration of dealing : RM0.97 per share
3) Number of shares acquired : 5,700,000 ordinary shares of RM1.00 each
4) Percentage of issued and paid-up capital of Mutiara : 2.47%
UEMLAND - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: UEM LAND HOLDINGS BERHAD
Stock Name: UEMLAND
Date Announced: 07/01/2011
Announcement Detail:
Type: Announcement
Subject: UEM LAND HOLDINGS BERHAD ("ULHB")
CONDITIONAL TAKE-OVER OFFER BY ULHB TO ACQUIRE ALL THE ORDINARY SHARES OF RM1.00 EACH IN SUNRISE BERHAD (EXCLUDING TREASURY SHARES) NOT ALREADY OWNED BY ULHB ("OFFER")
Contents: -
Attachments: Press Notice - Closing.pdf
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: UEM LAND HOLDINGS BERHAD
Stock Name: UEMLAND
Date Announced: 07/01/2011
Announcement Detail:
Type: Announcement
Subject: UEM LAND HOLDINGS BERHAD ("ULHB")
CONDITIONAL TAKE-OVER OFFER BY ULHB TO ACQUIRE ALL THE ORDINARY SHARES OF RM1.00 EACH IN SUNRISE BERHAD (EXCLUDING TREASURY SHARES) NOT ALREADY OWNED BY ULHB ("OFFER")
Contents: -
Attachments: Press Notice - Closing.pdf
CMMT - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: CAPITAMALLS MALAYSIA TRUST
Stock Name: CMMT
Date Announced: 07/01/2011
Announcement Detail:
Type: Announcement
Subject: CAPITAMALLS MALAYSIA TRUST ("CMMT")
(I) PROPOSED ACQUISITION BY AMTRUSTEE BERHAD ("TRUSTEE"), ON BEHALF OF CMMT OF GURNEY PLAZA EXTENSION PROPERTY FOR A PURCHASE CONSIDERATION OF RM215,000,000 ("PROPOSED ACQUISITION");
(II) PROPOSED PLACEMENT OF NEW UNITS IN CMMT ("UNITS") BY WAY OF BOOKBUILDING, AT A PRICE TO BE DETERMINED LATER, TO RAISE GROSS PROCEEDS OF UP TO RM167.1 MILLION ("PROPOSED PLACEMENT"), AND ACCEPTANCE OF CMMT INVESTMENT LIMITED'S UNDERTAKING TO SUBSCRIBE FOR SUCH NUMBER OF UNSUBSCRIBED NEW UNITS SUBSEQUENT TO THE CLOSE OF THE BOOKBUILD ("CMMT INVESTMENT LIMITED'S COMMITMENT");
(III) PROPOSED EXEMPTION FOR CMMT INVESTMENT LIMITED FROM THE OBLIGATION TO MAKE A MANDATORY TAKEOVER OFFER ON ALL UNITS IN CMMT NOT ALREADY HELD BY CMMT INVESTMENT LIMITED AFTER THE PROPOSED PLACEMENT ("PROPOSED EXEMPTION");
(IV) PROPOSED PLACEMENT OF NEW UNITS TO CMMT INVESTMENT LIMITED, AT A PRICE TO BE DETERMINED LATER, TO RAISE GROSS PROCEEDS OF UP TO RM69.7 MILLION, WHICH REPRESENTS 41.74% (BEING THE CURRENT UNITHOLDING OF CMMT INVESTMENT LIMITED IN CMMT) OF THE TOTAL GROSS PROCEEDS TO BE RAISED FROM THE PROPOSED PLACEMENT ("PROPOSED PLACEMENT TO CMMT INVESTMENT LIMITED");
(V) PROPOSED AUTHORITY TO ALLOT AND ISSUE NEW UNITS OF UP TO 20% OF THE APPROVED FUND SIZE OF CMMT PURSUANT TO CLAUSE 14.03 OF THE SECURITIES COMMISSION'S GUIDELINES ON REAL ESTATE INVESTMENT TRUSTS ("PROPOSED AUTHORITY"); AND
(VI) PROPOSED INCREASE IN THE EXISTING APPROVED FUND SIZE OF CMMT FROM 1,350,000,000 UNITS UP TO A MAXIMUM OF 2,000,000,000 UNITS ("PROPOSED INCREASE IN FUND SIZE")
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
Contents: NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE
UNITED STATES, CANADA OR JAPAN.
(Unless stated otherwise, definitions used in this announcement shall carry the same meanings as defined in the announcement dated 12 November 2010).
We refer to the announcements dated 12 November 2010 and 15 November 2010 in relation to the Proposals.
Reference is also made to the new Malaysian Code on Take-Overs and Mergers 2010 ("New Code") introduced by the Securities Commission ("SC") and effective on 15 December 2010, which applies to Real Estate Investment Trusts (REITs).
On behalf of the Board of Directors of CapitaMalls Malaysia REIT Management Sdn. Bhd. (formerly known as CapitaRetail Malaysia REIT Management Sdn. Bhd.), which is the manager of CMMT, CIMB Investment Bank Berhad ("CIMB") wishes to announce that in view of CMMT Investment Limited's Commitment and subject to the approval of the unitholders of CMMT, CMMT Investment Limited's unitholding in CMMT after the Proposed Placement may increase by more than 2.0% from 41.74% (as at the date of this announcement). In accordance with the New Code, CMMT Investment Limited would then be required to make a mandatory takeover offer on all units in CMMT which are not already held by CMMT Investment Limited, after the Proposed Placement ("Mandatory Offer").
As the purpose of CMMT Investment Limited's Commitment is to demonstrate its support to CMMT, rather than to make a Mandatory Offer, CMMT Investment Limited will make an application to seek SC approval for the Proposed Exemption subject to CMMT Investment Limited obtaining the approval of CMMT's non-interested unitholders for the Proposed Exemption.
This announcement is dated 7 January 2011.
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: CAPITAMALLS MALAYSIA TRUST
Stock Name: CMMT
Date Announced: 07/01/2011
Announcement Detail:
Type: Announcement
Subject: CAPITAMALLS MALAYSIA TRUST ("CMMT")
(I) PROPOSED ACQUISITION BY AMTRUSTEE BERHAD ("TRUSTEE"), ON BEHALF OF CMMT OF GURNEY PLAZA EXTENSION PROPERTY FOR A PURCHASE CONSIDERATION OF RM215,000,000 ("PROPOSED ACQUISITION");
(II) PROPOSED PLACEMENT OF NEW UNITS IN CMMT ("UNITS") BY WAY OF BOOKBUILDING, AT A PRICE TO BE DETERMINED LATER, TO RAISE GROSS PROCEEDS OF UP TO RM167.1 MILLION ("PROPOSED PLACEMENT"), AND ACCEPTANCE OF CMMT INVESTMENT LIMITED'S UNDERTAKING TO SUBSCRIBE FOR SUCH NUMBER OF UNSUBSCRIBED NEW UNITS SUBSEQUENT TO THE CLOSE OF THE BOOKBUILD ("CMMT INVESTMENT LIMITED'S COMMITMENT");
(III) PROPOSED EXEMPTION FOR CMMT INVESTMENT LIMITED FROM THE OBLIGATION TO MAKE A MANDATORY TAKEOVER OFFER ON ALL UNITS IN CMMT NOT ALREADY HELD BY CMMT INVESTMENT LIMITED AFTER THE PROPOSED PLACEMENT ("PROPOSED EXEMPTION");
(IV) PROPOSED PLACEMENT OF NEW UNITS TO CMMT INVESTMENT LIMITED, AT A PRICE TO BE DETERMINED LATER, TO RAISE GROSS PROCEEDS OF UP TO RM69.7 MILLION, WHICH REPRESENTS 41.74% (BEING THE CURRENT UNITHOLDING OF CMMT INVESTMENT LIMITED IN CMMT) OF THE TOTAL GROSS PROCEEDS TO BE RAISED FROM THE PROPOSED PLACEMENT ("PROPOSED PLACEMENT TO CMMT INVESTMENT LIMITED");
(V) PROPOSED AUTHORITY TO ALLOT AND ISSUE NEW UNITS OF UP TO 20% OF THE APPROVED FUND SIZE OF CMMT PURSUANT TO CLAUSE 14.03 OF THE SECURITIES COMMISSION'S GUIDELINES ON REAL ESTATE INVESTMENT TRUSTS ("PROPOSED AUTHORITY"); AND
(VI) PROPOSED INCREASE IN THE EXISTING APPROVED FUND SIZE OF CMMT FROM 1,350,000,000 UNITS UP TO A MAXIMUM OF 2,000,000,000 UNITS ("PROPOSED INCREASE IN FUND SIZE")
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
Contents: NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE
UNITED STATES, CANADA OR JAPAN.
(Unless stated otherwise, definitions used in this announcement shall carry the same meanings as defined in the announcement dated 12 November 2010).
We refer to the announcements dated 12 November 2010 and 15 November 2010 in relation to the Proposals.
Reference is also made to the new Malaysian Code on Take-Overs and Mergers 2010 ("New Code") introduced by the Securities Commission ("SC") and effective on 15 December 2010, which applies to Real Estate Investment Trusts (REITs).
On behalf of the Board of Directors of CapitaMalls Malaysia REIT Management Sdn. Bhd. (formerly known as CapitaRetail Malaysia REIT Management Sdn. Bhd.), which is the manager of CMMT, CIMB Investment Bank Berhad ("CIMB") wishes to announce that in view of CMMT Investment Limited's Commitment and subject to the approval of the unitholders of CMMT, CMMT Investment Limited's unitholding in CMMT after the Proposed Placement may increase by more than 2.0% from 41.74% (as at the date of this announcement). In accordance with the New Code, CMMT Investment Limited would then be required to make a mandatory takeover offer on all units in CMMT which are not already held by CMMT Investment Limited, after the Proposed Placement ("Mandatory Offer").
As the purpose of CMMT Investment Limited's Commitment is to demonstrate its support to CMMT, rather than to make a Mandatory Offer, CMMT Investment Limited will make an application to seek SC approval for the Proposed Exemption subject to CMMT Investment Limited obtaining the approval of CMMT's non-interested unitholders for the Proposed Exemption.
This announcement is dated 7 January 2011.
SUNRISE - General Announcement
Announcement Type: General Announcement
Company Name: SUNRISE BERHAD
Stock Name: SUNRISE
Date Announced: 07/01/2011
Announcement Detail:
Type: Announcement
Subject: Sunrise Berhad ("Sunrise" or "Company")
Conditional Take-Over Offer by UEM Land Holdings Berhad ("ULHB") to acquire all the ordinary shares of RM1.00 each in Sunrise (excluding treasury shares) not already owned by ULHB ("Offer Shares") ("Offer")
Contents: We hereby announce that Sunrise has on 7 January 2011 received a press notice released by CIMB Investment Bank Berhad ("CIMB") on behalf of ULHB in relation to the Offer.
The press notice is to inform that the Offer has closed at 5:00 p.m. (Malaysian time) on 7 January 2011. As previously announced by CIMB (on behalf of ULHB) on 24 December 2010, ULHB intends to proceed to invoke Section 222 of the Capital Markets and Services Act, 2007 to compulsorily acquire any remaining Offer Shares for which valid acceptances have not been received under the Offer.
A copy of the press notice relating to the above is enclosed herewith.
Attachments: Press Notice.pdf
Company Name: SUNRISE BERHAD
Stock Name: SUNRISE
Date Announced: 07/01/2011
Announcement Detail:
Type: Announcement
Subject: Sunrise Berhad ("Sunrise" or "Company")
Conditional Take-Over Offer by UEM Land Holdings Berhad ("ULHB") to acquire all the ordinary shares of RM1.00 each in Sunrise (excluding treasury shares) not already owned by ULHB ("Offer Shares") ("Offer")
Contents: We hereby announce that Sunrise has on 7 January 2011 received a press notice released by CIMB Investment Bank Berhad ("CIMB") on behalf of ULHB in relation to the Offer.
The press notice is to inform that the Offer has closed at 5:00 p.m. (Malaysian time) on 7 January 2011. As previously announced by CIMB (on behalf of ULHB) on 24 December 2010, ULHB intends to proceed to invoke Section 222 of the Capital Markets and Services Act, 2007 to compulsorily acquire any remaining Offer Shares for which valid acceptances have not been received under the Offer.
A copy of the press notice relating to the above is enclosed herewith.
Attachments: Press Notice.pdf
CHUAN - Profile for Warrants
Announcement Type: Listing Information & Profile
Submitting Merchant Bank: HWANGDBS INVESTMENT BANK BERHAD
Company Name: CHUAN HUAT RESOURCES BHD
Stock Name: CHUAN
Date Announced: 07/01/2011
Announcement Detail:
Instrument Type: Warrants
Description: Rights Issue of Warrants
Listing Date: 11/01/2011
Issue Date: 07/01/2011
Issue/ Ask Price: MYR 0.0200
Issue Size Indicator: Unit
Issue Size in Unit: 41,789,066
Maturity Date: 06/01/2016
Exercise/ Conversion Period: 5.00 Year(s)
Exercise/Strike/Conversion Price: MYR 0.5000
Revised Exercise/Strike/Conversion Price: MYR 0.0000
Exercise/ Conversion Ratio: 1:1
Mode of satisfaction of Exercise/ Conversion price: Cash
Settlement Type/ Convertible into: Physical (Shares)
Remarks: The tentative listing date of 11 January 2011 is subject to confirmation from Bursa Malaysia Securities Berhad.
The Warrants shall be exercisable at any time within the period commencing on, and inclusive of, the date of issue of the Warrants and ending on the Maturity Date, or if such date is not a market day, then it shall be the market day immediately preceding the said non market day, but excluding the five (5) clear market days prior to a books closure date or entitlement date announced by the Company and those days during that period on which the Record of Depositors and/or the Warrants Register is or are closed. Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valud for any purpose.
The Exercise Price may be from time to time be adjusted in accordance with the provisions of the deed poll dated 30 November 2010 constituting the Warrants.
Submitting Merchant Bank: HWANGDBS INVESTMENT BANK BERHAD
Company Name: CHUAN HUAT RESOURCES BHD
Stock Name: CHUAN
Date Announced: 07/01/2011
Announcement Detail:
Instrument Type: Warrants
Description: Rights Issue of Warrants
Listing Date: 11/01/2011
Issue Date: 07/01/2011
Issue/ Ask Price: MYR 0.0200
Issue Size Indicator: Unit
Issue Size in Unit: 41,789,066
Maturity Date: 06/01/2016
Exercise/ Conversion Period: 5.00 Year(s)
Exercise/Strike/Conversion Price: MYR 0.5000
Revised Exercise/Strike/Conversion Price: MYR 0.0000
Exercise/ Conversion Ratio: 1:1
Mode of satisfaction of Exercise/ Conversion price: Cash
Settlement Type/ Convertible into: Physical (Shares)
Remarks: The tentative listing date of 11 January 2011 is subject to confirmation from Bursa Malaysia Securities Berhad.
The Warrants shall be exercisable at any time within the period commencing on, and inclusive of, the date of issue of the Warrants and ending on the Maturity Date, or if such date is not a market day, then it shall be the market day immediately preceding the said non market day, but excluding the five (5) clear market days prior to a books closure date or entitlement date announced by the Company and those days during that period on which the Record of Depositors and/or the Warrants Register is or are closed. Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valud for any purpose.
The Exercise Price may be from time to time be adjusted in accordance with the provisions of the deed poll dated 30 November 2010 constituting the Warrants.
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